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Title 3 . Commerce, Community, and Economic Development
Chapter 30 . Miscellaneous
Section 10. Finding

3 AAC 30.010. Finding

The director finds that mandatory insurer participation in a workers' compensation insurance assigned risk pool is in the public interest and requires this participation as a condition of writing workers' compensation insurance in this state, except for those insurers that are exempt under AS 21.39.155 . An insurer's participation in a workers' compensation insurance assigned risk pool shall be satisfied by receiving direct assignments from the plan administrator or by membership in a reinsurance pool that equitably apportions the experience of the assigned risk pool among its members.

History: Eff. 1/1/77, Register 61; am 12/20/96, Register 140

Authority: AS 21.06.090

AS 21.39.130

AS 21.39.155

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Last modified 7/05/2006